VIRGINIA BEACH, VA-Retailers are taking an early interest in Courthouse Marketplace, a 122,000-sf shopping center being planned by Armada/Hoffler. Three retailers accounting for 4,600 sf stake their claim at the grocery-anchored property.
FALLS CHURCH, VA-Development of Pearson Square, a 230-unit residential condominium project with ground-level retail, takes a giant leap forward with the recent closing of a $72.9-million financing package for the acquisition of land and construction of the building.
CHEVY CHASE, MD-Denver-based restaurant chain Chipotle Mexican Grill reaches out to JBG Rosenfeld Retail to assist in selecting new locations in Suburban Maryland, Northern Virginia, and Washington, DC. The company is searching for 2,400-sf sites, preferably freestanding.
WASHINGTON, DC-The US Senate passes the Bankruptcy Abuse Prevention and Consumer Act of 2005, and representatives of the multihousing and mortgage banking industries celebrate. The legislation closes a loophole that has been allowing some renters that have filed for bankruptcy to live rent-free for months, they say.
WASHINGTON, DC-A new tenant is secured for a 320,000-sf building to be developed by Boston Properties, as law firm DLA Piper Rudnick Gray Cary US LLP commits to leasing 230,000 sf of the property. Ground will break on the class A office building this summer, and DLA Piper will make its move in 2007.
WASHINGTON, DC-A new tenant is secured for a 320,000-sf building to be developed by Boston Properties, as law firm DLA Piper Rudnick Gray Cary US LLP commits to leasing 230,000 sf of the property. Ground will break on the class A office building this summer, and DLA Piper will make its move in 2007.
WASHINGTON, DC-Members of the US House of Representatives take a stab at extending the Terrorism Risk Insurance Act of 2002 with the introduction of HR 1153. TRIA, which provides a federal backstop on real estate insurers' liability beyond $100 billion in the event of another terror attack, is scheduled to expire Dec. 31, 2005.
ASHBURN, VA-The development of Ashburn Technology Park continues to move forward, as MIE Properties wraps up construction of the 84-acre compound's fourth structure. One of 10 buildings that will ultimately grace the flex park, the newest delivery offers 54,100 sf of space.
BETHESDA, MD-A $932-million bond issuance closes for the financing of military housing projects at Fort Belvoir in Virginia and Fort Irwin in California. Clark Realty Capital's Capital Markets Group orchestrated the funding package which refinances existing bonds on the two projects.
BETHESDA, MD-A $932-million bond issuance closes for the financing of military housing projects at Fort Belvoir in Virginia and Fort Irwin in California. Clark Realty Capital's Capital Markets Group orchestrated the funding package which refinances existing bonds on the two projects.